Symphony International Holdings Limited announced that, effective 27 November 2019, Mr. Pierangelo Battista Bottinelli retired from his position as Chairman and an Independent Director of the Company. He will, however, continue to support Symphony in a new appointment as Chairman Emeritus. At the same time, Mr. Georges Gagnebin, an Independent Director of the Company, was appointed to the position of Chairman of Symphony. The Company also announced the appointment of Mr. Oliviero Roger Bottinelli as a new Independent Director on the same date. Mr. Pierangelo Bottinelli has been an Independent Director of the Company since December 2005. The newly appointed Chairman, Mr. Gagnebin, joined Symphony as an Independent Director in July 2007. Mr. Gagnebin has more than 50 years of experience in banking and private wealth management and is currently the Chairman of the Board of Pâris Bertrand (Europe) S.A., Luxembourg and Pâris Bertrand S.A., Geneva. Mr. Oliviero Bottinelli will bring, as a new Independent Director, extensive experience in investments and the luxury sector. Mr. Bottinelli currently overseas Imagine Capital Limited. He also serves on the Board of Audemars Piguet.